Grab soared nearly 12% in morning trading as its Q1 sales jumped from $216.00M to $228.00M.
Revenue for the quarter ended March 31 was $228 million, up from $216 million a year earlier.
For full-year fiscal 2022, Grab Holdings said it expects revenue of $1.2 billion to $1.3 billion. Analysts polled by Capital IQ are looking for $925.5 million.
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